Analysis: Princeton pays $2.29 for every $1 pensioners contribute to Princeton Police Pension Fund

By Illinois Valley Times

Jul 19, 2020

Taxpayers contributed 69.7 percent of the $385,831 the Princeton Police Pension Fund brought in 2018, or $2.29 for every $1 from pension members, according to a Illinois Valley Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Princeton contributed $268,863 to the fund, which saw a $37,845 decrease in revenue over 2017. Members contributed $116,968, or 30.3 percent, in 2018.

Princeton Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$277,926	$292,607	$335,106	$309,443	$268,863	-3.3%
Pension members	$102,543	$107,774	$140,326	$114,233	$116,968	14.1%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$380,469	$400,381	$475,432	$423,676	$385,831	1.4%